The Coronavirus recession has made banks increasingly reluctant to provide accounts and finance to small businesses - apparently down to the higher regulatory burden and a perception that SMEs are riskier and more resource intensive.

This presents a huge problem for legitimate businesses, as it disrupts their business continuity and growth. A multitude of FinTech firms are seizing the opportunity to serve this sizeable chunk of the UK economy, and some of them are looking to coax traditional banks back in via partnerships and collaboration.

This podcast features a conversation with Søren Skov Mogensen, Chief Growth Officer at Banking Circle, which has conducted research into the subject.